Jeong Jeongsik: "President Lee's Lame-Duck Period Has Already Begun... Policy Reversals on Real Estate Needed to Delay It"

Jeong Jeongsik, floor leader of the People Power Party, said on the 4th, "No matter how much one may wish to deny it, the lame-duck period of President Lee Jae-myung has already begun." He added, "The first steps to delay the lame-duck phase as much as possible are to fundamentally reconsider real estate policies centered on loan regulations and taxes, to withdraw the unconstitutional demand for re-nomination of Supreme Court justices, and to reverse the abolition of supplementary investigative authority."

Jeong Jeongsik, floor leader of the People Power Party, attends the floor countermeasure meeting held at the National Assembly in Yeouido, Seoul on September 1, 2026, delivering a speech. Photo by Yoon Dongju

At the Supreme Council meeting held at the National Assembly this morning, Floor Leader Jeong said, "Former Justice Minister Cho Kuk completely reversed his stance within four months, now stating that 'if President Lee pushes for dismissal of indictment, it will have disastrous consequences.' Would this have been possible without the President's approval ratings plummeting?"

Floor Leader Jeong continued, "A lame-duck period is something that every administration inevitably faces, with no exceptions in our history, but the more serious problem for the Lee Jae-myung administration is the existence of power addiction." He stated, "The deeper this power addiction grows, the faster the President's lame-duck phase will approach."

He pointed to concrete examples of power addiction, listing: ▲a reliance on politics that forces matters through power, ▲a persistent insistence on policy lines that go against public sentiment, and ▲the use of responsibility-evading, metaphysical solutions by the highest authority. "Unfortunately, the current administration shows symptoms of power addiction bordering on severe," he said.

He further argued, "President Lee is infringing on the authority of the Chief Justice of the Supreme Court to nominate justices without any constitutional grounds, and is pursuing dismissal of indictment and constitutional amendments for term extension to eliminate his own trial." He added, "Rising public anxiety over incidents such as the Jang Yunki case is being exacerbated by the abolition of supplementary investigative authority, which is another representative example."

Floor Leader Jeong emphasized, "Trying to forcibly deny a lame-duck period that has already begun cannot prevent it," and added, "To delay it, one must listen to the harsh criticism from the opposition, respect the constitutional system, and demonstrate humility before the public."

This content was produced with the assistance of AI translation services.